Material Information/Transactions

C02498-2016
SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
May 5, 2016
2. SEC Identification Number
5213
3. BIR Tax Identification No.
000-917-916
4. Exact name of issuer as specified in its charter
GMA Network, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
GMA Network Center, EDSA corner Timog Avenue, Diliman Quezon City
Postal Code
1103
8. Issuer's telephone number, including area code
(632) 982-7777
9. Former name or former address, if changed since last report
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Preferred Shares
7,499,507,184
Common Shares
3,361,047,000
11. Indicate the item numbers reported herein
-
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate
disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange,
and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to
the Corporate Information Officer of the disclosing party.
GMA Network, Inc.
GMA7
PSE Disclosure Form 4-30 - Material Information/Transactions
References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Presentation materials used during the financial briefing
Background/Description of the Disclosure
Presentation materials - 1st Quarter 2016 financial briefing
Other Relevant Information
-
Filed on behalf by:
Name
Ayahl Ari Augusto Chio
Designation
Vice President
1ST QUARTER 2016
GMA NETWORK, INC.
May 5, 2016
DISCUSSION POINTS
•  NETWORK UPDATE
•  RATINGS
•  NEW PROGRAMS
•  FINANCIAL HIGHLIGHTS
NETWORK UPDATE
RATINGS & NEW PROGRAMS
GMA MAINTAINS NUTAM AND MEGATAM LEAD IN Q1 2016
OVERALL HH CHANNEL SHARES
NUTAM
MEGATAM
OTHERS
GNTV 4.65
5.26
TV5
7.63
GMA
43.01
ABS-CBN
28.56
TOTAL DAY (MON-SUN; 6AM-12MN)
SOURCE: AGB NUTAM DATA JAN-MAR 2016
GMA GETS BIGGEST SHARE IN LOADING
VS. COMPETITION
WITH POLITICAL ADS
LESS POLITICAL ADS
OTHERS
36%
OTHERS
35%
GMA
35%
ABS-CBN
28%
GMA
36%
ABS-CBN
29%
NOTE:
Other Channels are GNTV, TV 5, ETC, ABS-Sports, CNN Phils, PTV, RJTV 2nd Ave, and IBC
Commercial minutes do not include 5 secs, gov’t ads, network text-in promos, portion buys, station plugs and entertainment related ads
(i.e., movies, concerts, tours and stage performance) as classified by Nielsen Phils.)
JANUARY – MARCH 2016 (INCLUDING HOLY WEEK), SIGN ON – SIGN OFF
SOURCE: AGB NIELSEN (AQX)
GMA TO LAUNCH MORE PROGRAMS
TO LAUNCH IN MAY 2016
COMING SOON!
COMING IN JUNE 2016
COMING IN JULY 2016
COMING IN AUGUST 2016
GMA MAKES HISTORY ON FIRST LEG OF
EST
HIGH RE
HA
HH S FEB. 21
TOP TRENDING TOPIC WORLDWIDE!
LAST
#PiliPinasDebates2016
with 13.4 million organic impressions from @gmanews
OVER 3.5 MILLION
PAGE VIEWS!
GMA PILIPINAS DEBATES
VS. ABS-CBN AND TV5,
FEB 21, 2016, 5:00PM- 7:15PM
On GMA News Online
SOURCE: EFFECTIVE MEASURE
10.56
GMA NEWS
OVER 1 MILLION
VIDEO VIEWS!
On GMA News YouTube
TV 5
23.84
ABS-CBN
52.25
GMA
SOURCE: AGB NUTAM DATA FEB. 21, 2016
(TOTAL HOUSEHOLDS AUDIENCE SHARE %)
GMA POWERS FIRST-EVER 360-DEGREE
LIVESTREAM COVERAGE IN THE PHILIPPINES
GMA New Media, Inc. was
FIRST TO IMPLEMENT 360-DEGREE LIVESTREAM COVERAGE
in the Philippines ahead of YouTube and Facebook.
More live-streaming available on:
GMANETWORK.COM STILL LEADS
TOTAL PAGE VIEWS
IN MILLIONS
10%
319.1
ABS-CBN
SOURCE: EFFECTIVE MEASURE Q1 2016
350.6
GMA
GMA IS THE LEADING NETWORK
IN WEBSITE PORTALIZATION
GMA NETWORK HAS BEEN USING A PORTALIZATION STRATEGY
FOR ITS WEBSITE MUCH EARLIER THAN COMPETITOR (ONLY IN 2016).
GMANETWORK SINCE 2011
+27% IN MONTHLY AVERAGE PAGEVIEWS
ON GMA NEWS ONLINE
IN MILLIONS
27%
55
Q1 2015
SOURCE: EFFECTIVE MEASURE Q1 2015 vs. Q1 2016
70
Q1 2016
GMA PROGRAMS NOW ACCESSIBLE VIA MOBILE DEVICE
LAUNCHED MARCH 16, 2016
LAUNCHED MARCH 16, 2016
LAUNCHED
FEBRUARY 14, 2016
IN JAPAN (IPS)
25 COUNTRIES
IN MIDDLE EAST
AND NORTH AFRICA
SINGAPORE
PLATFORMS:
DTH, CABLE, IPTV,
VIDEO-ON-DEMAND ON OTT
PLATFORMS:
CABLE, IPTV,
VIDEO-ON-DEMAND ON OTT
FEBRUARY 26, 2016
IN UAE (E-LIFE)
MARCH 1, 2016
IN SINGAPORE (SINGTEL)
APRIL 1, 2016
IN US (OCEANIC TIME WARNER)
GMA IS THE ONLY PHILIPPINE NETWORK TO WIN
AT THE NEW YORK FESTIVALS 2016!
APRIL 2016
Community Portraits Category
I-Witness: Dorm 12 (Bronze)
Social Issues Category
Reporter’s Notebook: Hikahos sa Lungsod
(Bronze)
Community Service Programs Category
Front Row: Maestra Salbabida (Bronze)
Human Concerns Category
Reel Time: Isang Paa sa Hukau (Bronze)
MARCH 2016
Bawal ang Pasaway kay Mareng Winnie
Brigada
Jessica Soho
Victoria Tulad
State of the Nation with Jessica Soho
Investigative Documentaries
FEBRUARY 2016
APRIL 2016
Marian Rivera
Dingdong Dantes
Alden Richards
Maine Mendoza
Drew Arellano
Kara David
Vicky Morales
Magpakailanman
Pepito Manaloto
Celebrity Bluff
Bubble Gang
Mel Tiangco
Sandra Aguinaldo
I-Witness
Walang Tulugan
Biyahe Ni Drew iBilib
Pari Koy
Pepito Manaloto
Sarap Diva
Sarap with Family
Tropang Potchi
Del Monte Kitchenomics
Aha!
Alamat
Born To Be Wild
Kapuso Mo, Jessica Soho
Pinoy MD
Wish Ko Lang
Ang Pinaka
Biyahe Ni Drew
PopTalk
I Juander
Good News
24 Oras
State of the Nation with
Jessica Soho
FEBRUARY 2016
Mel Tiangco
Mike Enriquez
Vicky Morales
MARCH 2016
Ms. Malou Mangahas
Reel Time
FEBRUARY 2016
Kapuso Mo, Jessica Soho
Jessica Soho
Imbestigador
FEBRUARY 2016
Mike Enriquez
FEBRUARY 2016
MARS
Magpakailanman
Alden Richards in Magpakailanman
State of the Nation with Jessica Soho
I-Juander
FINANCIAL HIGHLIGHTS
+148% ON NET INCOME, +86% ON EBITDA
FROM JANUARY – MARCH 2015 & 2016 (IN MILLIONS PHP)
30%
2%
3,006 3,903
REVENUES
Q1 2015
2,432 2,470
EXPENSES
Q1 2016
86%
148%
986 1,838
408 1,013
EBITDA
NET INCOME
+32% ON NET AIRTIME REVENUES,
+13% ON SUBSCRIPTION/OTHERS VS. PRIOR YEAR
REVENUES FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP)
Revenue Component
TV
Channel 7/RTV
Channel 11 (GNTV)
Radio
Airtime Revenues
International Subscription
Subsidiaries and Others
Subsription and Others
TOTAL REVENUES
Q1 2015
2,545
69
98
2,711
247
48
294
3,006
Q1 2016
3,358
78
135
3,571
280
52
331
3,903
Inc (Dec)
32%
13%
38%
32%
13%
9%
13%
30%
+30% ON ABSOLUTE REVENUES VS. Q1 2015
NET OF POLITICAL ADS FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP)
Revenue Component
Airtime Revenues
Subscription and Others
Revenues
Less: Political Ads
Recurring Revenues
Q1 2015
2,711
294
3,006
9
2,997
Q1 2016
3,571
331
3,903
640
3,263
Inc (Dec)
32%
13%
30%
6710%
9%
STRONGER FISCAL MANAGEMENT
WITH MINIMAL INCREASE IN EXPENSES
CONSOLIDATED OPERATING EXPENSES FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP)
Operating Expense
Production Costs
General & Admin Expenses
Total Operating Expenses
Q1 2015
1,327
1,105
2,432
Q1 2016
1,338
1,133
2,470
Inc (Dec)
1%
3%
2%
MORE EFFICIENT PRODUCTION COSTS FOR Q1 2016
CONSOLIDATED PRODUCTION COSTS FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016
(IN MILLIONS PHP)
Cost Component
Cash Production
Channel 7/International
Channel 11 (GNTV)
Subsidiaries
Amortization of Program Rights
Channel 7/International
Channel 11 (GNTV)
Depreciation
Total Production Costs
Q1 2015
Q1 2016
Inc (Dec)
944
105
34
934
110
33
-1%
6%
-3%
166
6
71
1,327
186
4
71
1,338
12%
-43%
-1%
1%
MINIMAL INCREASE IN CONSOLIDATED GAEX
CONSOLIDATED GAEX FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016
(IN MILLIONS PHP)
Consolidated GAEX
Personnel costs
Ads and promo
Research and survey
Other cash GAEX
Total Cash GAEX
Total Non-Cash GAEX
Total GAEX
Q1 2015
Q1 2016
568
35
21
337
962
143
1,105
620
52
26
309
1,007
126
1,133
Inc (Dec)
9%
49%
25%
-9%
5%
-12%
3%
STRONGER FINANCIAL METRICS FOR Q1 2016
ROA
EBITDA Margin
33%
Q1 2015
47%
Q1 2016
11%
Q1 2015
Net Income Margin
26%
Q1 2016
ROE
14%
26%
22%
40%
Q1 2015
Q1 2016
Q1 2015
Q1 2016
STRONGER FINANCIAL METRICS IN
GMA’S CONSOLIDATED BALANCE SHEETS
IN MILLIONS PHP
8,810
Q1 2015
10,193
Q1 2016
Total Assets
14,490
Q1 2015
Current Liabilities
Current Ratio
Current Assets
15,728
Q1 2016
1.58
2.42
5,589
4,204
Q1 2015
Q1 2016
Q1 2015
Q1 2016
Total Liabilities
Equity
7,426
10,095
7,064
5,633
Q1 2015
Q1 2016
ITO ANG
SERBISYONG TOTOO.